ISKRA Token
ISK
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
ISK (ISKRA Token) is the native utility token for the Iskra Web3 gaming hub, operating across Ethereum, Klaytn, and Base. A synthesis of the section evaluations reveals critical weaknesses across technical, community, market, and security metrics: (1) Active Development (1.5/10) shows an absence of meaningful shipping activity, commits, or major upgrades over the last 18-24 months. (2) Community Support (1.5/10) exhibits an effectively inactive community footprint with very low on-chain holder numbers (~355 holders on Ethereum) and no active ISK-specific governance discussions. (3) Tokenomics (2.0/10) suffers from an unrecovered price collapse (>98% drawdown from all-time highs), micro-cap valuation, lack of burn mechanisms, and opaque remaining vesting schedules. (4) Market and Use Case (1.5/10) is impaired by near-zero daily trading volume ($0-$11), extreme illiquidity, and ghost-ticker dynamics in a saturated sector. (5) Team and Governance (5.5/10) benefits from a verified, institutionally backed team (WeMade, Animoca), though governance is highly centralized via off-chain snapshots and unilateral controls. (6) Security and Audit History (3.5/10) shows reputable past audits and clean contract scan findings, but is weighed down by extreme holder concentration (99.56%) and a confirmed security incident on project-managed wallets resulting in Coinone placing ISK on a delisting watchlist on March 17, 2026. Computing the weighted average yields an overall score of 2.50/10.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About ISKRA Token (ISK)
ISK (ISKRA Token) is the native utility token of Iskra, a Web3 gaming platform that features a launchpad, a community layer, and an NFT marketplace. Deployed across Ethereum, Klaytn, and Base, ISK is designed for closed-loop utility within the gaming hub, including Pioneer NFT purchases, governance participation, and payment of network transaction fees. The token has a fixed maximum supply capped at 1 billion units scheduled for distribution across a 20-year timeline.
The project was established by a publicly identified team and received backing from institutional entities including WeMade and Animoca Brands. Governance mechanisms remain largely centralized, relying on off-chain Snapshot voting and team-managed processes rather than decentralized autonomous organization (DAO) control over treasury allocations. Furthermore, development activity has remained stagnant, with no significant protocol updates, GitHub commits, or platform releases recorded over an 18 to 24-month period, alongside an inactive community footprint and a low on-chain holder count.
ISK has experienced severe market contraction and security challenges. The token has suffered a price collapse of over 98% from its all-time high, accompanied by near-zero daily trading volume and micro-cap liquidity. On March 17, 2026, cryptocurrency exchange Coinone placed ISK on a delisting watchlist following a confirmed security incident that compromised project-managed wallets or related ledger infrastructure. Additionally, security audits identified extreme holder concentration, with top non-exchange holdings accounting for over 99.5% of the circulating supply.